Is Chino, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Chino has remained a Seller's Market.
Housing Prices in Chino, CA
How much do homes in Chino, CA cost?
Median Sold Price
$721,500
$392/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Chino was $721,500 in June 2024, up 4.2% from last year, and the median price per square foot was $392.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $412.5K | $435K | +5.5% |
2 Bedrooms | $515.7K | $520K | +0.8% |
3 Bedrooms | $635K | $663.5K | +4.5% |
4 Bedrooms | $740K | $788K | +6.5% |
5+ Bedrooms | $900K | $962.5K | +6.9% |
Summary: Chino housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 6.9%.
Median Sold Price Compared To Nearby Cities
Chino Hills | $868.8K | $976.6K | +12.4% |
Pomona | $610K | $650K | +6.6% |
Ontario | $615K | $652.8K | +6.2% |
Chino | $692.7K | $721.5K | +4.2% |
Montclair | $620K | $640K | +3.2% |
Housing Supply in Chino, CA
How many homes are available in Chino, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
180 | 168 | -6.7% |
Summary: The Chino real estate market had 168 homes for sale in June 2024, a 6.7% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 19 | 21 | +10.5% |
3 Bedrooms | 79 | 63 | -20.3% |
4 Bedrooms | 64 | 68 | +6.3% |
5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The Chino housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 20.3%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
61 | 35 | -42.6% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Chino in June 2024, down by 42.6% month-over-month. Of the 35 sold homes, 43% were sold under asking, 9% were sold at asking, and 49% were sold over asking.
Days on Market for Chino, CA
How long does it take to sell a home in Chino, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
29 Days | 31 Days | +5.5% |
Summary: Homes in Chino had an average of 31 days on market in Jun 2024, up by 5.5% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During June 2024, 35 homes were sold in Chino; 77% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.